Africa holds vast renewable energy resources, yet over half a billion people on the continent still lack electricity access. This article by Izaak Coetzee, Head of Strategic Insights & Analytics at Absa Group, outlines the strategic actions required to bridge Africa’s energy gap—ranging from modernising infrastructure and regulatory reform to unlocking blended finance solutions. With coordinated investment and policy, Africa can emerge as a global leader in the clean energy transition.
Tag: africa renewable energy
De-Risking Africa’s Renewable Energy Agenda
“De-Risking Africa’s Renewable Energy Agenda” explores the critical role of financial and structural risk mitigation in unlocking investment for Africa’s renewable energy sector. Authors Opy Ramaremisa and Vuyo Mafrika of Absa CIB highlight the pressing need for early-stage support, innovative hedging tools, and market-responsive strategies to align investor confidence with the continent’s renewable energy ambitions. The article underscores how integrating risk management from project inception can bridge the gap between capital availability and project bankability.
SOLA Group Reaches Major Milestone, Producing 1 Billion kWh of Clean Energy
SOLA Group achieves a major milestone by producing 1 billion kWh of clean energy ahead of schedule. This accomplishment marks a significant contribution to South Africa’s renewable energy transition, job creation, and local economic development.
Africa’s renewable resources can transform domestic and global energy supply, says investment bank
The continent represents a largely untapped white space, restricted by energy poverty and a lack of infrastructure
Global African Hydrogen Summit Channelling Capital Towards Critical Sectors For Sustainable Development
With more than 600 million people across Africa lacking access to electricity, the International Energy Agency (IEA) estimates that Africa will need to double its electricity generation capacity by 2040 to meet growing demand. Southern Africa, with its abundant renewable resources, is poised to become a leading exporter of green energy.
We need to solve the complex equation of energy transition and grid reliability, says Wärtsilä
Behind the necessary ramp-up of renewable energies, the challenge of integrating them into the power grid occupied centre stage at the North & West Africa […]